Wells Fargo Maintains Overweight on Sysco, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Overweight rating on Sysco (NYSE:SYY) but lowers the price target from $87 to $82.
October 30, 2024 | 7:32 pm
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NEUTRAL IMPACT
Wells Fargo analyst Edward Kelly maintains an Overweight rating on Sysco but lowers the price target from $87 to $82.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal may result in a neutral short-term impact on Sysco's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100